Published: 21 September 2017

Audit and advisory firm, KPMG Zimbabwe last week warned that companies should analyze their contracts ahead of the introduction of new revenue according to standards, known as the International Financial Reporting Standard 15, which come into effect in January next year.

Gerald Matavata, audit manager as KPMG, said that the adoption of new rules, which were issued by the International Accounting Standards Board in 2014, will significantly affect the way companies in Zimbabwe account for their revenues.
- Fin Gaz

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